• Milestone MODEL V pickup result of Hon Hai vertical integration, MIH alliance effort
• Aerodynamically clean MODEL B hatchback achieves 0.26 drag coefficient
• MODEL C production vehicle on the road in 2023
• Prototypes of 5 EVs in 24 months
• Contract design and manufacturing service (CDMS) defined for EV ecosystem

18 October 2022, Taipei, Taiwan – Hon Hai Technology Group (“Foxconn”) (TWSE: 2317), the world's largest technology manufacturer and service provider, announced two, new self-developed concept prototype electric vehicles at its third annual Hon Hai Tech Day (HHTD): the MODEL B crossover hatchback and the MODEL V all-terrain, electric pickup.

At the same time, Hon Hai showcased the production vehicle MODEL C, to be delivered to its brand Customer in Taiwan next year, while showcasing key components of the EV supply chain, such as electric power steering (EPS) system, solid-state battery, silicon carbide power module and semiconductors. In addition, this year's HHTD promotes the business model of contract design and manufacturing service (CDMS) in the field of electric vehicles through the next decade.

Focusing attention on Hon Hai’s "3+3=∞" strategy, C-suite charisma kicked off the event with Hon Hai Chairman and CEO Young Liu and Founder Terry Gou making their respective entrances on stage in the sleek, new electric vehicles. The keynote, delivered by Mr Liu, introduced the EVs, key components and the important research and development role of the Hon Hai Research Institute. 

Hon Hai defining CDMS concept going forward

Hon Hai Tech Day goes to the roots of the Group. The date marks the birthday of the Group’s Founder. “I am able to test out Hon Hai’s EV creations each year on this day. It has become the highlight of my birthday!” said Mr Gou, who, this year, rode in on the MODEL B and test drove the MODEL C. “The rapid development of Hon Hai in the field of electric vehicles is a continuation of the Group's growth and innovation. In the past, we assisted global brand customers to transform the consumer electronics industry chain, step by step, providing consumers with extraordinary and affordable technology products. In the future, Hon Hai will certainly redefine the EV industry and provide drivers with safe and comfortable user experience in transportation.”

“Hon Hai's vision has always been to produce complete solutions to bellwether customers and provide for comprehensive intelligent lifestyles. We used to make PCs and mobile phones. From now and into the future, we will create EVs,” said Hon Hai Chairman and CEO Young Liu. "For more than 40 years, the greatest value we have brought to top-tier, global brand customers is that Hon Hai is your most trusted and reliable partner. In the EV industry, we are resolute about CDMS: This means contract design and manufacturing service. This commitment will not change. In the next 10 years, Hon Hai in the EV industry will redefine CDMS in the automotive field and continue to promote vertically integrated technology services. Our goal is to provide the range of high-tech services and capabilities required by automakers to propel them to become more competitive.”

MODEL B an urban crossover with beauty & handling performance

The brand-new concept prototype MODEL B crossover is the mainstream for the younger generation. It is based on the MODEL C platform, but with changes to the platform size and a new body design. Its S-duct design, the streamlined roof, and the innovative air curtain on the D-pillar greatly reduces air turbulence. This allows the MODEL B to achieve an excellent drag coefficient of 0.26. As a personalized urban car, the compact 4.3-meter MODEL B has a cruising range of 450 kilometers and uses a 2.8-meter wheelbase to create a comfortable, roomy cockpit.

MODEL C is Taiwan's 1st EV to go into production

MODEL C, as the first EV built on the MIH open platform, has gone directly from last year's concept prototype to this year's production vehicle, fully demonstrating Hon Hai's automotive manufacturing capabilities. With a drag coefficient of 0.28, a 0-to-100 km/h acceleration of 3.8 seconds and a distance range of nearly 700 kilometers, this model is electric, economical and multi-functional, meeting car owners’ expectations. The production-version of the MODEL C is anticipated to hit the roads in Taiwan in the second half of 2023.

MODEL V is Taiwan's 1st self-developed electric pickup

With the milestone debut of the first made-in-Taiwan electric pickup MODEL V, Hon Hai completes its range of passenger cars and large commercial vehicles. The MODEL V is the result of the vertical integration of Hon Hai and MIH alliance partners. It is the first electric pickup designed and developed in Taiwan. With a payload of up to 1 ton and a towing capacity of 3 tons, its dynamic performance has the ability to traverse all terrains.

The EV pickup adopts a double-cab, 5-seat configuration. Sensors surrounding the body are combined with electronic rearview mirrors and a display screen to integrate the instrument panel, which not only improves safety, but offers intelligent technology to users. The overall experience suits all types of drivers, whether their journey takes them through urban neighborhoods or the rugged outdoors.

HHEV. OS architecture creates ideal EV software platform

To lower the entry threshold for the electric vehicle industry, Hon Hai simplified the complexity of software development and greatly shortened the development time through HHEV.OS. This ideal EV software platform has excellent scalability, conforms to vehicle regulations and safety, and ensures instant and reliable transmission. Through the HHEV.OS software platform, EV designers can focus on the most valuable development work and achieve the purpose of rapid product launch. At the same time, Hon Hai will also apply to MIH to make HHEV.OS the standard for the MIH software open platform.

Key automotive components being showcased this year at HHTD are ever more powerful, small, precise and safety-assured. The self-developed “EPS Electric Power Steering System" is an upgrade to a 48V motor, compared with the traditional 12V motor, while shrinking in size by 20%. On top of adhering to the highest safety integrity ASIL-D standards, the component breakthroughs attest to Hon Hai's key technical capabilities in motors, automotive ECUs, ball screws, and other important mechanisms. On display are solid-state batteries that stand up to safety and withstand temperature change, and silicon carbide power modules with a variety of heat dissipation base plate structures to meet the various power performance requirements of EVs. These key components being exhibited demonstrate the integrity of the upstream and downstream EV supply chain.

At the first annual HHTD in 2020, Hon Hai announced the MIH open platform, promoting standardization, modularization and platforms approach for technologies. Through sharing and division of labor, Hon Hai is changing the traditional automotive industry system and establishing an open, technical standard and supply chain. At the second HHTD in 2021, Hon Hai launched three electric vehicles, MODEL C, MODEL E, and MODEL T. With a diverse product line in EVs, Hon Hai is demonstrating nimble R&D and manufacturing of electric vehicles. At the third HHTD 2022, Hon Hai not only expands the breadth of its EV offerings, but also redefines CDMS to promote vertical integration services to bring to humankind a more intelligent lifestyle.

About Hon Hai

Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the world’s largest electronics manufacturer. Hon Hai is also the leading technological solution provider, and it continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies. Hon Hai has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – new-generation communications technology, AI, and semiconductors – which are key to driving its long-term growth strategy.

In addition to maximizing value-creation for customers who include many of the world’s leading technology companies, Hon Hai is also dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises.

To learn more, visit www.honhai.com